The S&P 500 is testing a crucial CTA “trigger” level at 2903, but more broadly, all the major US equity indices have broken down below key technical support levels…
•Nasdaq below 100DMA
•Dow below 100DMA
•S&P below 100DMA
•Russell 2000 below 200DMA
https://www.zerohedge.com/markets/all-major-us-equity-indices-break-below-critical-technical-support